LINK Business Brokers Australia

About this Business for sale in Wagga Wagga - Greater Region

For sale is an established lotto, gift shop and newsagency business located only 40 minutes away from Wagga Wagga in the Riverina region of NSW in a famous town.

  • Perfectly suited as an owner operator business for a husband & wife team who can easily live on the premises.
  • Easy to manage & operate business with reliable customer base as the only newsagent & lotto business in town.
  • Profitable newsagency, NSW Lotteries retail & Gift Shop on the main street in a famous Riverina town in NSW.
  • 518 sqm property on the main street in the centre of town including shop with fit out & furniture, 2 storage rooms & 2 Bedroom residence is also for sale.
  • Lotto sales around $330,000 (FY2021) and Total revenue of $600,000 (FY2021) with excellent profits.
  • Adjusted net profit of $90,000 (FY2021).
  • Business famous for a wide range of greeting cards, toys, books & magazines, and gifts.
  • Up to date shop fit out, lighting & furniture in shop.
  • Option to either buy or rent the premises from the existing owner.

Potential to further grow business by adding parcel pick up, longer operation hours and sale of tobacco/cigarettes.

Well suited for an owner operator looking for an easy to manage business.

Full training and transition will be provided.

Do not miss this opportunity to buy a business & property together and never pay rent again.

This business is suitable for Business Innovation Migration Visa 188

For more information, please contact Amit Gupta for a detailed business information including financials and more.

Listing ID: NSW10200

Broker: Amit Gupta
Phone: 0491 616 144
Email: amit.gupta@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW10200

Disclaimer: Photos are for illustration purposes only and are not an actual image of the business for sale.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: Newsagency, NSW Lotto, Gift shop, business for sale Wagga Wagga, business for sale NSW, Riverina, Albury, Wagga Wagga, business for sale NSW 2650

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #NSW10200
Profit*: Refer to broker
Sales Revenue: Refer to broker
Riverina Region, Wagga Wagga - Greater Region
Retail, Newsagency
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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